1637 CENTER Street

Tacoma, WA 98409

  • 1 Bed

  • 1 Bath

  • 6000 SqFt

  • 51 DOM

  • Built: 1970

  • Status: Active

$849,950

X

1637 CENTER Street

Tacoma 98409

$849950

  • 1 Bed

  • 1 Bath

  • 6000 SqFt

  • 51 DOM

  • Built: 1970

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Contract available.

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Residence Information

  • 6000

  • 1

  • 1

  • 0

  • 1

  • Composition

  • 12 - 2 Story

  • 1970

  • Poured Concrete

Features and Utilities

  • See Remarks

  • Wood, Wood Products

  • Public

  • Sewer Connected

Financial

  • 4260

  • Conventional

  • 05-05-2025

Comparable Information

  • 51

  • 51

  • Conventional

  • $875,000

  • $875,000

  • Jul 22, 2025 13:50

Schools

Elementary : Stanley N/A Ratings
High : Foss N/A Ratings

Map

Listing courtesy of Windermere Prof Partners.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Aug 09, 2025 20:17 | Listing last modified Jul 22, 2025 13:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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